Jones Corp)an Apparel Company,has Total Assets Worth $8,500

question 1

Multiple Choice

Jones Corp) an apparel company,has total assets worth $8,500.The owners' initial investment in Jones Corp.stood at $4,000,and profits that were not paid out to owners over time was at $2,000.Calculate the total liabilities.

• A)$10,500
• B)$6,500
• C)$4,500
• D)$2,500

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